Trade Balance

Date Time Left   Event Impact Previous Consensus Actual
Apr 21, 06:00  Trade Balance 23.5B 22.70B

Trade Balance

The Trade Balance released by the Statistics Norway is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Norwegian krone. If a steady demand in exchange for Norwegian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Norwegian krone



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